In a partnership, as in a sole proprietorship, there is no legal shield against law suits and liabilities unless they have filed as an LLC or S-Corp. If the partnership were to be sued, without any kind of legal shield in place, the owners would be held completely accountable.
Often a partnership has a general partner who runs day-to-day operations and limited partners who have contributed capital to the business but have no say in the daily operations.
Limited partners are, of course, entitled to their proportional share of profits. These arrangements can be filed as Limited Partnerships and provide asset protection for anything a limited partner owns outside of the amount invested in the partnership.
The simplest answer is: to make money! Owning shares of a company’s stock is known as taking a long position
In general, Social Security Benefits will only be paid in cases where individuals paid into the system
Life Insurance premium sized and costs will depend on the type of policy and the underwriting decisions of the company
The Capital Market Line is a complex concept, but put simply, it is a calculation meant to give the investor/analyst...
When a person or co. is no longer able to pay the amount of debt owed, they can file bankruptcy & be given relief options
Bond yield is a measure of the return on investment for bonds, and there several kinds of yield that can be computed
Accidental Death and Dismemberment (AD&D) coverage is normally offered as a rider on health or regular life insurance
New Zealand and Australia have a tax for offshore investments that fall into the definition of Foreign Investment Funds
Mortgage life insurance is any life insurance policy which covers the life of the borrower in a mortgage loan
The Death Cross is a chart pattern indicating when a security’s short-term moving average crosses underneath its long-term counterpart